BNP Paribas SA (OTCMKTS:BNPQY) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts give BNP Paribas a “Moderate Buy” consensus: Of eight covering firms, four recommend holding the stock, three recommend buying it, and one rates it a strong buy.
• BNP Paribas exceeded quarterly expectations, reporting $2.16 in earnings per share versus the $1.92 consensus estimate and revenue of $16.38 billion compared with $15.44 billion expected.
• The stock opened at $64.87, near its 52-week high of $65.50, with a $142.92 billion market capitalization and a price-to-earnings ratio of 9.61.

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eight ratings firms that are covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms have weighed in on BNPQY. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of BNP Paribas in a research note on Wednesday, July 15th. Citigroup reaffirmed a "buy" rating on shares of BNP Paribas in a report on Monday, July 20th. Kepler Capital Markets upgraded BNP Paribas from a "strong sell" rating to a "hold" rating in a research report on Monday, July 27th. Royal Bank Of Canada restated an "outperform" rating on shares of BNP Paribas in a report on Monday, July 27th. Finally, DZ Bank raised BNP Paribas from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 24th.

BNP Paribas Price Performance

BNP Paribas stock opened at $64.87 on Friday. The company has a fifty day simple moving average of $58.42 and a 200-day simple moving average of $54.52. The firm has a market capitalization of $142.92 billion, a price-to-earnings ratio of 9.61, a PEG ratio of 0.64 and a beta of 0.77. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.24. BNP Paribas has a 52-week low of $37.50 and a 52-week high of $65.50.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.24. BNP Paribas had a net margin of 25.22% and a return on equity of 10.32%. The firm had revenue of $16.38 billion for the quarter, compared to the consensus estimate of $15.44 billion. On average, equities analysts anticipate that BNP Paribas will post 6.67 EPS for the current fiscal year.

About BNP Paribas

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.

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